You will begin to recognize patterns in price point, presentation and availability. 

He said that most of the time their inability to recognize and adjust for that difference, it ends up creating very poor results for both parties involved.  

Hi Gary, that's funny, I didn't recognize you at first...but atleast you recognized me!!

Some of you may recognize me, I posted in the forum regarding trouble securing financing in the USA as UK resident.I found some deals offering seller financing.

Just by way of example, a nice property in a major metro came upon a major listing site recently, and for the love of God you cannot get through to the broker/owner who listed it because everyone recognizes it for the deal it is and he's got his pick of the litter.Conversely, I've encountered brokers with less hot offerings in less hot states (10-12% caps in Ohio, Indiana etc), but they're just difficult.

I also make it clear that if the money doesn't hit the bank then I do not recognize the payment, and my property manager never has to touch the money per se (She still chase payments if necessary though, but just chase them to go to the bank to pay, rather to pay her directly)There are times where tenants will oppose to this idea.  

It's the lease commissions that bother me, the 7.5% I definitely recognize as a deal.

I am the recognized tax sale expert in Alabama.

@Bill S, thank you for the advice, I'm still having a little bit if a hard time figuring out what that "unfair advantage" is for me, other than a decent instinct at recognizing patterns in the market, so maybe I need to spend some more time figuring that out before moving on.

The recognize the lack of cash flow and high regulation of coastal urban markets.